HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Cliffs, takeover targets and China
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"About Chinese economy. I have been reading for almost a year that it is slowing down and even on occasion that it was possible it could have gone into recession BUT the growth is always at least several percent and often not showing signs of a slow down. What I have been seeing is adjustments to the world economy by about a percentage point. That is not a slow down by any means. The sources for such negative opinions have been mostly from the US - No surprise to me. So take such comments with a good dose of salt. Ed G"

I actually don't believe many numbers coming out of China. The proof is in the pudding...ie. the rising prices of commodities.

Cheers

MGB

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